Sookie Inc. is comparing several alternative capital budgeting projects as shown below: Projects $$ Initial investment $$70,000$ Present value of net cash flows $100,000300,000$ O C$,$ A$,$ B$.$ A$,$ C$,$ B$.$ $$175,000$ O A$,$ B$,$ C$.$ Rank the projects in order of highest to lowest according to their profitability index. O C$,$ B$,$ A A $$250,000170,000$ B Sookie Inc. is comparing several alternative capital budgeting projects as shown below: Rank the projects in order of highest to lowest according to their profitability index. C$,$ A$,$ B$.$ A$,$ C$,$ B$.$ A$,$ B$,$ C$.$ C$,$ B$,$ A